The Technology sector has had a tough few weeks and frankly it’s been long overdue, but with the recent stock market correction, one sector we thought would get a bid in rockier seas, and hasn’t, is Consumer Stables. In fact … Continued
Longtime readers that pay attention to SP 500 earnings know that the typical pattern for the “forward 4-qtr estimate” is that its high print usually occurs the first week of every quarter as the trailing quarter falls off and the … Continued
There has been little mystery to what has worked this year, with the Technology sector within the SP 500 up over 30% on the year and large-cap growth returning in the low 20% range, YTD. This year, not so unusually, … Continued
Thomson Reuters “This Week in Earnings” and Factset’s “Earnings Insight” are available each week to anyone who wants to have a look at the raw data. This week, with Q1 ’16 almost entirely reported and now companies reporting their May … Continued
Per Thomson Reuters “This Week in Earnings” the forward 4-quarter estimate for the SP 500 fell slightly this week to $123.61 versus last week’s $123.93. The p.e ratio on the forward estimate is now 17(x). The PEG ratio is now … Continued
Since so much of our earnings work is sector-related, here is a quick recap of sector returns for November ’14, both from the SP 500 perspective and the SPDR perspective: (The first column is the SP 500 sector return per … Continued
Thomson Reuters’s TWIE data as of October 24, 2014: New Forward 4-quarter estimate: $127.54 vs last week’s $129.34 Forward P.E ratio: 15.49(x) PEG ratio: 1.69(x) SP 500 Earnings yield: 6.49% Forward 4-quarter growth rate: +9.11% versus last week’s 9.49%; Analysis … Continued
FCSP500revgro(qtrly) Here is the latest expected revenue growth rates by sector for the SP 500 for q3 ’14. A couple of items caught my eye: Consumer Discretionary, which is retail, auto’s, housing, is returning to a mid-single digit quarterly revenue … Continued
Per ThomsonReuter’s “This Week in Earnings”, the forward 4-quarter estimate fell to $125.80 from last week’s $126.34, or a decline of $0.48 on the week. The p.e ratio on the forward estimate as of Friday’s close is 15.78(x) and the … Continued
I do wish there was a better way to track or trade the US dollar, but for the last few years, I’ve watched the UUP or the PowerShares Dollar Bull ETF, which consists of a DeutscheBank Long US Dollar Futures … Continued